Retail shop daily consumable products

Wanjala

Mtwapa, Kenya

100% repaid

Entrepreneur

Name

Wanjala

Member since

January 2015

On-time repayments

30 installments  •  70%

About Me

Am Robert Wanjala from Mtwapa Kenya, 33 year,i dropped out of school in form four (4) due to luck of school fees because i grew up without parents.i started working for people as a loboure until i got little money and started my own small shop business because i had no qualifications to get a good paying job.
due to what i have gone through,i wouldn't love my children to go through nor anther younger people in the community.am in the community where youth are suffering due to luck of education and through zidisha if they boost me and i grow my business,i will work with some and also if the business grow,we can have brunches so that i employ many youth.

My Business

I do retail shop business,i sale home consumable like foods,drinks non alcoholic,cosmetics and many more that are used at home on daily basis.i decided to to do shop business because at the end of the day,people have to eat,drink,use soap to Barth, wash clothes with soap and it was a business i started with the little capital i had.the income per day is 2000 shs to 4000 kshs because i have no enough stock due to luck of enough cash.i use part of the profit to reinvestment the business,part to pay school fees, some use at home and save little for emergence like sickness etc,i hope if i get the lender who will give me the loan,i will add stock in my shop and i will make more profits.
For revenue, i pay for trading licensee that run for one year,
With products i buy them in wholesale and sell in retail to the last consumer.

Loan Proposal

I will add maize flour for 30 dollars
Rice 30 dollars
cooking oil 15 dollars
sugar 20 dollars,
This will be 100 dollars in total
If i add this in my shop,my profit will increase and out of it i will repay the loan,restock my shop,the community will not have to travel far to buy shop things,my family will not suffer as i will be helping them.As the business grow,i will not work alone.
I also request if my interest rate can be below 20% if possible

Feedback

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Loan Info

Project Type

Classic Loan

Disbursed amount

$100.00

Date disbursed

Jan 23, 2015

Repayment status

On Time

Projected term

5 months

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